Thursday, December 12, 2019

13 December 2019 BMD

We are expanding to global markets. See next article for the trade plan.

LOCAL MARKET

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FKLI

FKLI was seen holding hold yesterday, surging to a high of 1574.5 before settling at 1572. With the positive catalyst coming out from overnight Dow, FKLI is expected to open higher today. Trading however, could still be cautious until the real agreement being signed before the Dec. 15 deadline.


To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription. 

Plan A : Attempt to long if markets trades firmly above 1572. Cut below 1568.
Plan B : Targets are 1579, 1582 and 1586.
Plan C : Attempt to short if market does not breach above 1579. Cut above 1582.5.
Plan D :Targets are 1574, 1569 and 1566.


FCPO

FCPO boosted this morning along with strong performance from Dalian and soybean oil. The prices continue to hover above 2900 second session, waiting for a breakthrough. Ringgit further strengthen to RM4.13 against the greenback.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription. 

Plan A : Short if market failed to support above 2909. Targets are 2888 and 2870.
Plan B : Long if market supported firm above 2909. Targets are 2925 and 2941.  



Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.

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